Loading...
HomeMy WebLinkAbout0350 ~ 2szsz~ ~ . THIS INDENTUR6 Msds ihs 2gth day of August A.O. 19 73 between Jis B. Diamond and Dorothy L Dianond. hia w*f~ ~ ~ of St . LuC 16 Covnty Flaids, hcrtinalter designated ai Ihe "MORTGAGOR;' a~d FIRST FE~ERAL SAVINGS AND LOAN ASSOCIATION OF fORT PIERCE, a corpaatior~ wpan;zed and ex~stiny unde~ the laws of 1M Unitsd Sta~os of America ~nd h~viny ift principa! place of buiineu in tM City of Fort P~~rce, S~. lucie Covoty, Ftorida. Mreinafter de?ignated a~ ths •'MORTGAGEE:' WHEREAS ~he MORTGAGOR is ju~~ty indebted to tM MORTGAGEE in the sum oi :18 ~~~•O0 ~ good and lawful money of the Un:eed Stetes advanced by the MORTGAGEE unto tM MORTGAGOR, as evidenced by s ce~tain promisswy note of even date herewi~h, of which the following in wordt and figure! it a trus copy, ro-wit: s18,000.00 ~ 10020385 Fort Pierc~, Flwida, August 28 19 73 fo~ value received. 1, we or eilher of us, promise to pay, without defelcation, to ~he order of FIRST FEDERA~ SAVINGS AND LOAN ASSOCIATION OP FORT PIERCE al Fwt Pie~ce, Florida,_the sum of Slgl~~•~~ w~th interest from date at the rate of 8• 9 9'o pe~ a~num, in monlhty instal6 ~~rnts as follows: s 1~3•~ on the 2~Lh day of ~tOb6= , lq 73 aod a like sum on the cwrQSpond~ng day oi eacA mo~1h there- ofrer until the whote be fvNy paid. Each ins?allment lirst shall 6e applied in payment of the interest and then on the unpaid balance of the printipal sum. If default is made in the Fay~nent of any installment when due, and such default tontinues 30 daya, then at the option of the hofder, and without any other notice, all the rtmsinin9 :nsraltments shatl be due and payab~e at once. P~ivil~ge is given to prrpay this rate in who~s or in part at a~y time withouT penalty. Neither iwebearante, nor acceprance by the holde+ thereof nftei any defaull in any payment~ hetewn, shaVl be deemed extenaion. A tate paymen! tharg~ CI S 9. i 5 ,~hall be added fo each intitallment remaining unpaid 7 days after iti due date, and a tlke sum shalt be edded ro eaci+ auc1~ instaUma~t t~enaining unpaid T_day; ~ftCi _ each svcceeding payment date. Esch maker, surety and endorser hereof, jointly and sevcrally, wsives demnnd, presentment protest and notice of pro!est for nonpaymer~t, and further agrees to any extens~on of time of payment, either before w after ma~~rily, without notice fo any of us; and to pay all costs of coltection, includ;n~ ~ rr~sonable attornry's fee in the eveM of any default Fereunder, snd hereby severally waives a~I benefit of homeslead and exemption under the tonstitution end laws of each Sra!e of the United Sta+es, as against this oblgation a any exttnsisx+ or renewal hereof. Witness the hand and seal of each party. S/ Jia B. Diauond ~Aiy cseat) S/ Dorothy L. Diamond R~~~ (seatJ ~ ( ~27 • O0 ) $tate Revenue 4i ta~qs se~r~il~~d~at a~! NOW, TiiEREFORE, ttx MORTGAGOR-for tF~e pvrpose of secw~ng p~yment ot said wm oi S 18 ~ 0~• ~ artd the periamance of ths covenants ar+d agreements hereinafter eapreued, and for dive?s good snd vsluable consideretions, by Ihese presents, does grant, bargain, aell, ~emise, retease, convey and confirm unto the MORiGAGEE, its succeuws and auigns, stl that cert~in lot, piece w parcel of Iand, aituate, lying, aru! baing in tt?e County of SL . G1C1Q ~nd State of Florids, dewibed ~s fol(owt: 2hat pauct of Lots 2 and 3 of WILLIAM CARLSO~'S S!1BDIVISION, as per plat thereof ~ recorded in Plat Book 3, page 24, St. Lucie County records, described as fol2ows: From the Southwest corner of said i-ot 3, run East along the South line of said a Lot 3 a distance of 857.27 feet to point which is 150 feet West of West right- of-way line of Ridgehaven Road; thence at right angle with said South line, zun North a distance of 135 feet to point of beginning; froa said point of beqinning, continue ~Iorth a distance of 81 feet to a point; thence run East, parallel with South line of said Lot 3, a distance of 10.64 feet to a point, thence at rig6t ; angle with last course, run North a distance of 65 feet to a point ~+~hich ~:ut is in the North lire of the South 50 feet of Lot 2 of said Subdivision); thence run East, pa.rallel ~rith the Svu th line of Lot 2 and 5U feet distant therefron, 150.15 feet to the West right-of-way line of Ridgehave: Road; thence run Southerly along the West zight-of-way line of Ridgehaven Road a distance of 146.07 feet to a point in tbe North line of the South 135 feet of said Lot 3; thence run West to point of beginning,~ j ~ STATE ~F FLORiOA. ~ ~ oz a DOCUMEN7ARY~.,.., STAMP iA X~ imCEN¢D ~ 1N PAYA1EtiT OF TAXr~ DfP2. OF REYENUE ~Q(~ (xJ1$S'C' INiAIvG!ElE Pf- ~i.'i4l P!?OPERf~~ C ~ p • ~ I. O O i ~T TO CNA°~~~ :1.: ::.15 ~ 19/1.~~~ ~0 0. " r,,:c::~Q'~3 ~ • ~ - Z , . . ~ o ~ 11~02' ~ ' C(~~( CIRCUI( i.~._ tt P:J~. {l~•~It CO.. F1A togefher wHh a!I and singubr the tenements, hereditaments snd appurfsnces thereunto belongirg w in anywise appertainirg fhereto, and a0 rents, issues. proceeds and profits acuuing and to accrue from ssid premises, all of which sre included in the ~bove and faegang description and habendum. TO HAVE AN~ TO kIOID the above ~esvibed snd grsnted premises unto tFe said MORTGAGEE, its succstsors and atty.-a it,r.--~a:. ,"..x! i4xs st~ MORTGAGOR fa their exccuton, administrators and assigns, hereby tovenants with the said MORTGAGEE, iri tvtcessors and ~ssi9ro, that ~ - lawfull seiied of ihe aaid the aZe - Y premises in fee simple: that 1M same sre free, clear and discharyed from ~II tiero and ~ncum- brances in law a in eqvity, and that they M,~~~ a~ their WH~~t and defend tM title to the same to the uid AAORTGAGEE, its succeuors and auigns, fwever agsinst the lawful claimt a~d dem~nds of all persons; " PROVIDED, AlWAY5 that if the MORTGAGOR shsll p~y unto the MORTGAGEE the promisswy note hereinbefwe dexribed ~nd shall trvly, promptly and futty periorm, d~xharge, execute, canplefe, comply witi~ and ab~de by each snd every tl~e stiputations, sg:eements, condiYam and covenants of aaid promiswry note and of this Mortgsge, the~ this Mortgage and the Estate hereby aeated sMll cease and be null snd void. ~ IT IS UNDERSIpOp that the wwd "Mort whether in the si p yw gage, shall be sinpulsr if one only snd f g+gor" rgular w lurol ~n here in this Mort , ahall be ptural jointly snd severally if more then ane, and that the wad "thei~" as used anywhere in this Mortg~ge shall be taken to mean "his;' "hers;' _ or "its;' wherever the conteat so impli•s or admits. Also, thst wherever there is a reference in the cover?ants and agreements herein cootained to any of the panies hereto, the same shall be construed to me~n af well as the heirs, legai representatives, successors ar?d suigns (either vol~ntary by sct of tht parties o? involuntary by operation of the law) of the same anJ tiwt the covenants herein conuined shsll bind and the benefits ~nd adv~nta9q inur~ ro the respeNive heirs, legal representatives, successors and ~ss~gns of the p~nies hereto. Md said Mortgsgors, for themulves snd thcir heirs, legal repreuntatives, successors and assgns, hereby joimty and severally covenant end yree ro ~nd with the said MORTGAGFE, its suc<essas and assgns: To pay all snd singvlsr the principal and interesl and the various and sundry sums of mw~ey paysble by virtue of said promiswry note, and fhii mortgsge, each and every, promptly on the days ~espectively the aame severelly become due. 2. To pay all and sing~lar the taxes. ~uesunenn. lev;e~, liabilities, obli9ations arx! encumbrances of every nature ~nd ki~d now oe said desaibed property, or that hereafter may be imposed, suffered, plxed, levied, or suessed thereon, w that hereafter may bs levied or assessed vpon this Mort¢ age, or the indebtedness secvred hereby, esch and every, when due and p~yable. ~ccordinp to law, before they become delinqvem, ~nd befwe any interest attaches w any penatty is intvrred; AND INSOfAR AS ANY THfREOF IS OF RKORD THE SAME SHAII 8E PROMPiIY SATISFIED AND DISCNARGED Of RECORD AND THE ORIGItVAI OFFICIAI DOCUMENT (SUCH A5, FOR INSTANCE, THE TAX RECEIPT OR THE SATISfACT10N PAPER OFfItIAIIY ENDORSEO OR CERTIFIED) SHAII 8E PLACED IN THE HANDS OF $AID MORTGAGEE WITHIN TEN DAYS NEXT Af7ER PAYMENT; and in the event that sny thereof K nof paid, saYsfied and d+xharged sa:d MORTGAGFE msy at any time pay the same w any part tlxreof wifhovt waiving o~ atfecting any option, lien, eqvify or •~qht under or by virtue oi this mongage and the (ulI amount of each and every such payrt+ent shall be immediately due and psyable and shall besr i~terest ~rom the date lhereof vntil paid at rare af nine per centum per annum and toqether w~th ~uch inte~est iball be secvred by the l;en of th"s morytaye. : : ~a~x218 350 ~ - ~ _ ~ ~-~~~s~-F .y.~~ . _ _ - .h,